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Pete Najarian said on CNBC's Fast Money that he would increase his position in The Walt Disney Company (NYSE: DIS) over time. He is optimistic on Disney's growth over the next quarter, but sees the stock as a long term investment.
Joe Terranova and Guy Adami agreed with Pete Najarian on Disney (DIS).
The Walt Disney Company (NYSE: DIS) gained 1.22% after it managed to beat sales and earnings forecast today. DIS earned 47 cents vs forecast of 38 cents per share. The sales reached $9.74 billion and analysts expected $9.646 billion.